Posts

Showing posts from March, 2024

Navodaya JNVST Result 2024 out at navodaya.gov.in for Class 6, 9, direct links to check

Image
NVS released JNVST 2024 result for classes 6 and 9. Candidates can check by logging in at navodaya.gov.in. Steps include entering roll number and date of birth to access the entrance test results. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/q3wh6Zc

Bihar Board Class 10 Matric Result 2024 to be OUT today: Check on TOI website with these easy steps

Image
The Bihar Board Class 10 Matric Result 2024 will be released today on the official Bihar School Examination Board (BSEB) website. Due to expected heavy traffic, their server may be down. To address this issue, TOI is also hosting the class 10 result. Read on for the TOI direct link to check results. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/q42ECnL

Need to remain alert about financial service innovations: RBI

Image
RBI deputy governor M Rajeshwar Rao highlights the evolving financial landscape, challenges with new trends, and the importance of balanced regulations for niche players, emphasizing the need for responsible innovation in the market. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/OifhxEq

Tax department detects HRA fraud with illegal usage of PANs

Image
Income tax department uncovered a PAN fraud scheme where individuals misused PANs for house rent allowance claims, leading to the detection of numerous high-value cases. The misuse may entail legal repercussions, including penal interest and tax payments. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ocjxG5a

Foreign fraudsters swipe Axis cards

Image
Axis Bank customers faced fraudulent transactions with international merchants due to 'BIN attack'. No breach detected. Cybercriminals use BIN attacks to generate valid credit card numbers. Customers have chargeback rights for e-commerce transactions. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CSu4PZj

Investor wealth surges $1.6 trillion in FY24, biggest rise in a year

Image
Indian investors saw a significant rise in wealth in FY 2024, with BSE market cap soaring. Despite global challenges, India's market showed resilience, attracting foreign investments and outperforming expectations. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/O3t1qBU

Kalyani Group to sue Baba's nephew, niece

Image
Kalyani Group plans to sue Sameer Hiremath and Pallavi Swadi for defaming Baba Kalyani over false allegations regarding family asset division, including Bharat Forge. Sameer and Pallavi face a defamation suit involving media disclosure, malicious intent, and an ownership dispute with their mother over Hikal. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PYA2Gtg

Rs 1 lakh UG tech internships ticket to full-time roles

Image
At IIT Mandi, 27 students have received Rs 1-lakh-or-more stipends this year. In Bengaluru, RV College of Engineering has seen 39 students earning over Rs 1 lakh in monthly stipends compared to 8 last year. Vellore Institute of Technology also reports approximately 30 students with Rs 1-lakh stipends, with companies like Couchbase and Amazon offering Rs 1.2 lakh and Rs 1.1 lakh, respectively. The internship window is yet to close this year for the final count. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yMRmbck

Baba Kalyani's niece, nephew move court over family assets

Image
Sameer Hiremath and Pallavi Swadi - grandchildren of forging industry pioneer Neelkanth Kalyani - have moved Pune civil court against their uncle and Bharat Forge chairman Baba Kalyani, seeking division of family assets. They have demanded one-ninth of the family estate including stakes in Bharat Forge and Kalyani Steel as their share. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/06OtMGj

SP Group to sell port to Adani co for Rs 3.3,000 crore

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/T4dSzoX

In a 1st, Mumbai tops Asia in billionaires list, is No. 3 globally

Image
There are now more billionaires in Mumbai's 603 sq km than there are in Beijing's over 16,000 sq km. By overtaking the Chinese megalopolis, Mumbai has become Asia's billionaire capital for the first time. While China has 814 billionaires compared to India's 271, Mumbai hosts 92 billionaires against 91 in Beijing, Hurun Research's 2024 Global Rich List showed. Mumbai now ranks third globally in terms of billionaires after New York, which regained its top status after seven years with 119 billionaires, followed by London with 97. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/93M5K2T

No withholding tax on discount on prepaid SIM cards, recharge vouchers: Supreme Court

Image
Supreme Court ruled discounts on SIM cards won't trigger withholding tax. Telecom operators not liable without commission payments. CBDT should issue clear instructions to avoid future disputes. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lXHgwJT

IL&FS looks to sell stake in insolvent cos' with a 'haircut'

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KsZbeVR

FY25 to greet car buyers with discounts as demand shrinks

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nWAl40k

Bihar Board Class 12 Result 2024 Out: Are you eligible for a Teaching job after class 12?

Image
Bihar Education Department's 70,000 job openings signal a rise in teaching opportunities. Completing the D.El.Ed program equips individuals for teaching roles, focusing on ICT integration, child psychology, and practical training. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/RWks3Bm

BSEB Inter scrutiny 2024: Registration to begin on March 28, check steps here

Image
The Bihar School Examination Board released the results of the Bihar Intermediate (class 12) exam for 2024, showing an 87.21% pass rate. Mrityunjay Kumar in Science, Tushar Kumar in Arts, and Priya Kumari in Commerce are among the top scorers. Registration for the compartmental exam and scrutiny opens on March 28. Application deadline: April 4. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/SMeUo4n

BSEB Sakshamta result 2024 delayed, answer key objection window extended; check official notice here

Image
The Bihar Sakshamta exam answer key challenge window has been extended again by the Bihar School Examination Board until March 24, 2024. This likely postpones the announcement of the BSEB Sakshamta result 2024. Up until the extended deadline, candidates may raise objections about inconsistencies they find in the answer key. Direct link and official notice here. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/yZiA4rW

IRDAI gives approval to set up insurance e-marketplace

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/snEItLa

Pakistan to tap China for $300 million debut Panda bonds

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YbZwGEA

Gold crosses Rs 66,000/10gm as Fed hints at rate cuts

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/w1I8oa9

Stop accepting inflows in overseas ETFs: Sebi to MFs

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Qqe1KLd

Reddit jumps 55 per cent in Wall Street debut

Image
Reddit's successful IPO valued close to USD 9 billion on the New York Stock Exchange, priced at USD 34/share, debuting at USD 47. The price climber higher and soared over 55 per cent around 1: 20 pm ET. Supported by prominent figures like Sam Altman, Peter Thiel, and Snoop Dogg. Potential volatility expected. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BO8c27u

JSW MG Motor India plans to recreate ‘Maruti movement’

Image
Indian and Chinese companies have teamed up for a significant joint venture in the automotive sector. SAIC, a leading Chinese automaker that owns MG Motor, has partnered with Indian steel giant JSW to produce cars for both domestic and global markets. The new entity, JSW MG Motor India, will have 51% ownership by Indian firms. Initial investment for the venture is set at Rs 5,000 crore, as confirmed by Sajjan Jindal, chairman of JSW group. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/in3qT0V

Gold advances on renewed rate cut bets after Fed verdict

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ziVYLrU

Federal Reserve plans three rate cut this year; lending rate remains unchanged for 5th time

Image
Federal Reserve officials plan to reduce key interest rates three times in 2024 despite higher inflation. Forecasts suggest continued growth, inflation, and job market strength. Rate cuts could lower borrowing costs and support Biden's re-election prospects. Fed's cautious approach aims to balance economic growth and inflation concerns. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8WhpZfD

Japan ends negative rate era with 1st hike in 17 years

Image
The Bank of Japan increased interest rates for the first time in over a decade on Tuesday, moving them above zero to signal a shift in its strategy to boost a struggling economy. This move marks the end of the world's final negative interest rate policy and the conclusion of an extensive monetary stimulus program. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hWTvAs6

Sensex slips again on global cues, down 2,ooo points from peak

Image
The sensex took a dip on Tuesday due to various global and local factors. Japan's first interest rate hike in 17 years and concerns about overvaluation in certain stock market segments contributed to the decline. Despite foreign and domestic funds being net buyers, both the sensex and Nifty started the day in the red and continued to slide, closing near their intraday lows. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GrvyYRd

McDonald's names its CEO as new board chairman, taps Kimberly-Clark exec as independent director

Image
Chris Kempczinski will become chairman of McDonald’s, succeeding Enrique Hernandez Jr. Jim Skinner, a previous CEO, also held the chairman position. Kempczinski, earlier, was named as the burger chain's President and CEO in 2019. Mike Hsu is nominated as an independent director. McDonald's noted that Hsu would help maintain a corporate goal of having 50% or more of its board members represent diverse backgrounds. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/69MtyJm

Tata Sons looks to sell Rs 9,000 crore TCS shares to reduce debt

Image
Tata Sons is aiming to raise around Rs 9,362 crore ($1.1 billion) by selling shares of its lucrative unit Tata Consultancy Services (TCS) on Tuesday. This move is part of Tata Sons' efforts to lower its debt burden. The company is restructuring its balance sheet to avoid mandatory public listing under RBI's 'upper layer' NBFC regulations. These regulations require companies to adhere to strict guidelines, including a mandatory listing within three years of notification. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lhnZoVe

Jumbotail raises Rs 151 crore to expand food and grocery marketplace

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uDyZrYz

All eyes on US, Japan central banks

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HtI3eqA

Dalal Street gears up for election volatility

Image
Stock markets are expected to be volatile during India's 78-day general election. Analysts predict auto, banking, and infrastructure sectors to show promise this year. Motilal Oswal Financial Services underscores that equity markets will keep a watch on the outcome of this election, as it will have a significant bearing on short-term market behaviour. Siddharth Khemka head (retail research), Motilal Oswal Financial Services said. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ETyRSN4

US Fed to provide new insights on rate cut after rise in inflation

Image
The US Federal Reserve is expected to maintain its key lending rate unchanged while considering potential rate cuts to combat inflation. Market experts predict a June rate cut, aligning with the Fed's cautious approach towards achieving inflation goals. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iScavoL

Maharashtra introduces dress code for school teachers; t-shirts, jeans not allowed

Image
Maharashtra gov enforces dress code for all schools, allowing 'Tr' prefix for teachers. Neat attire mandated, males in light shirts, dark trousers, females in saree or dress. Private, aided schools included, similar to doctors, advocates. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/72dIsTr

ICAI CA May 2024 exams postponed, revised schedule to be released on March 19

Image
ICAI reschedules May 2024 exams due to Lok Sabha clash, Election Commission sets April - June 2024 dates. Revised schedule for Foundation, Intermediate, Final exams to be announced on March 19. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/owBl3NL

Sop for Tesla, others: Duty to be cut to 15% if co invests $500m in local production

Image
Government policy overhaul reduces import duty for high-end foreign electric cars with a $500 million investment requirement. Key players like Tesla, VinFast, and Foxconn are considering the scheme, aiming to boost EV manufacturing in India. The policy, crafted by the heavy industries ministry and the department for promotion of industry and internal trade, marks a major shift as govt shed its reluctance to cut customs duty for automobiles, a sector that has traditionally been protected by high tariffs. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Yc5s9e1

US probing Gautam Adani and his group over potential bribery

Image
US prosecutors are investigating Adani Group for potential bribery, focusing on founder Gautam Adani. The probe includes scrutiny of Adani entities and individuals linked to the company for alleged misconduct in India and involves the US Attorney’s Office in New York. The probe, which is also looking at Indian renewable energy company Azure Power Global Ltd., is being handled by the US Attorney’s Office for the Eastern District of New York and the Justice Department’s fraud unit in Washington, said people familiar with the matter. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fw846yv

Rashmi Govil 2nd woman on IOC board, takes charge as director HR

Image
Rashmi Govil, the new HR director at IndianOil, brings 30 years of experience, leading innovative initiatives like 'Srijan' and handling challenges at Mathura refinery. She is known for her collaborative style and focus on employee well-being. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ReIuFMJ

Cut in fuel prices will boost consumer spending: Oil minister

Image
Govt-run fuel retailers on Thursday slashed prices of petrol and diesel by Rs 2 per litre. In a separate post on X, the oil ministry said the latest reduction will "boost consumer spending and reduce operating costs for over 58 lakh heavy goods vehicles running on diesel, 6 crore cars and 27 crore two-wheelers". from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EtbFlyi

Startups have the potential to contribute $1 trillion to India’s GDP by FY30: CII Report

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vgmT65I

Petrol, diesel to be cheaper by Rs 2 per litre in first price cut since May 2022

Image
Fuel retailers cut petrol and diesel prices by Rs 2, aiming to benefit consumers and boost spending. Govt influence seen in past duty and VAT reductions. Impact on transportation sector profitability highlighted. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SgP4K0q

Adani stocks lose over Rs 1 lakh crore in a day

Image
On a day when the sensex recorded the second biggest loss in market capitalisation, Adani stocks witnessed the group's biggest single-session wealth erosion of Rs 1.1 lakh crore last seen on Feb 2, 2023, a week after the US-based short-seller Hindenburg published its report on the conglomerate. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Nx6nf1O

Big guns BAT for ITC's 3.5% stake, pay 17,500 crore

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/t1z6Gij

Sensex plunges, investors lose Rs 14 lakh crore

Image
Wednesday was the worst day for Dalal Street investors since Covid in terms of wealth erosion. The day's selloff erased Rs 13.9 lakh crore worth of investors' wealth in terms of loss in BSE's market capitalisation that was just a tad lower than the Rs 14.2 lakh crore, the biggest loss ever. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/RTXNHF6

EVs cheaper to own in long run than ICE cars in India but bumps ahead: BNEF

Image
EVs cheaper to own than internal combustion engine (ICE) models in India, but concerns over resale value, charging stations, financing remain. CNG vehicles pose competition. Two- and three-wheelers adopt EVs faster. Electric buses economically favorable. Battery-driven heavy trucks reach TCO parity after 2030. Infrastructure and financing important for EV adoption. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bzhuPB6

More checks on Big Tech for anti-competitive acts

Image
A govt-appointed panel has recommended enactment of a new law - Digital Competition Act - to allow the Competition Commission to monitor large digital enterprises and intervene before instances of anti-competitive conduct transpire. The move is meant to deal with entities such as Google, Facebook and Amazon that use data ("the defining feature of digital markets") and supplement the Competition Act. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/r6XCY3a

Wheat stock with FCI lowest since 2018, but higher than buffer norm

Image
Wheat stock with Food Corporation of India (FCI) has dropped below 100 lakh tonne for the first time since 2018, falling to 97 lakh tonne this month, due to low procurement during past two years and record sale of the cereal in open market to keep prices under check. In case of rice stocks, FCI is currently holding more than four times. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oiS2uVH

Wait for data update: I-T dept on advance tax

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/05TGYJs

Sensex slides 617 pts, SBI slips 2% after SC rebuke

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/edtIVnN

Sebi chief warns of 'froth' in small & mid-cap stocks

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WxIHUXZ